Score: 0 of 1 pt 7 of 17 (7 completo) HW Score: 35.29%, 6 of 17 pts P 19-7 (similar to) Overview question 7 of 17,7 complete Question Help Assume the credit torms offered to your firm by your suppliers are 4/10, net 45. Calculate the cost of the trade credit if your firm does not take the discount and pays on day 45. (Hint: Use a 365 day year) The cost of trade credit is % (Rounded to two decimal places.) Score: 0 of 1 pt 3 of 17 (7 complete) P 19-3 (similar to) Westerly Industries has the following financial information. What is its cash conversion cycle? (Hint: Use a 365-day year) Sales $100,000 Cost of Goods Sold 80,000 Accounts Receivable 32,000 Inventory 16,000 Accounts Payable 44,000 The cash conversion cycle is 1 days. (Round to two decimal places.)